RBI governor Raghuram Rajan, speaking at a press meet on Tuesday, has explained the monetary policy in detail. Rajan said that the government has indicated that it is comfortable in setting a target of 4 % plus minus 2 % as suggested by number of committees including Patel committee for inflation beyond 2016.He said that there are still some substantial financial stresses in some sectors that need to be looked upon. Take a more look at video for updates.